Top Price Market
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Top Price Market

World

Vietnam to remove death penalty for embezzlement, sparing tycoon’s life

by admin June 26, 2025
June 26, 2025
Vietnam to remove death penalty for embezzlement, sparing tycoon’s life

Vietnam will remove the death penalty for eight offenses from next month, including embezzlement and activities aimed at overthrowing the government, parliament said on Wednesday, sparing the life of a tycoon in a $12 billion fraud case.

The National Assembly, the country’s lawmaking body, unanimously ratified the amendment to the Criminal Code earlier on Wednesday to abolish the death penalty for the crimes, it said in a statement.

Other crimes that will no longer lead to the death penalty include vandalizing state property, manufacturing fake medicine, jeopardizing peace, triggering invasive wars, espionage and carrying drugs, the official Vietnam News Agency said.

The maximum sentence for these crimes will now be life imprisonment, the report said.

Those who were sentenced to death for these offenses before July 1 but have not yet been executed will have their sentences commuted to life imprisonment, the report added.

These will include real estate tycoon Truong My Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, who was sentenced to death last year on embezzlement charges.

Lan’s lawyers didn’t immediately respond to a Reuters request for comment.

“According to the amendment of the Criminal Code, her sentence will automatically be reduced to life imprisonment,” lawyer Ngo Anh Tuan, who is not part of Lan’s defense team, told Reuters.

Ten offenses will remain subject to capital punishment in Vietnam, including murder, treason, terrorism and the sexual abuse of children, according to the report. Drug trafficking will also remain a capital offense.

Capital punishment data is a state secret in Vietnam and it is not known how many people are currently on death row in the country. Lethal injection is the only method of execution after firing squads were abolished in 2011.

This post appeared first on cnn.com
0
FacebookTwitterGoogle +Pinterest
previous post
Why Trump’s strikes on Iran will leave North Korea more determined than ever to keep its nukes
next post
Settlement of Tranche 1 Share Placement

You may also like

Desperate to get its illegally detained civilians out...

Europe heaps harsh sanctions on Russia, saying ‘strength...

‘I started to feel numb’: Woman recalls syringe...

What we know about the Air India plane...

‘There is no one dirtier than Trump’: Some...

While North Korea denied Covid-19 cases, the virus...

Netanyahu says Israel’s operation may lead to regime...

Bruce Springsteen’s European tour comes with a warning...

Chinese student who drugged and raped 10 women...

Death cap mushrooms killed three lunch guests. Was...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • ‘Aspirations of 1.4 billion’: India celebrates as first International Space Station mission...

    • Iran’s defense minister goes to China on first reported foreign trip since conflict with Israel

    • This photographer is celebrating tiny creatures through close-up images

    • Cobalt Prices Surge as DRC Extends Export Ban to September

    • ​Copper​ Market Hit by Major Supply Squeeze as LME Inventories Drop

    Categories

    • Business (28)
    • Investing (202)
    • Politics (267)
    • World (156)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Disclaimer: toppricemarket.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 toppricemarket.com | All Rights Reserved


    Back To Top